According to a survey conducted in the United States in 2022, 24 percent of households saving money for their children's college education had income of 200,000 U.S. dollars or higher. On the other hand, 22 percent of households saving towards college education had an income lower than 50,000 U.S. dollars.
Distribution of households saving for college in the United States from 2020 to 2022, by household income
Households saving for college are households that own education savings plans (Coverdell ESAs or 529 plans) or that said paying for education was one of their financial goals for their mutual funds.
The source does not provide additional information regarding the survey methodology.
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ICI. (May 23, 2023). Distribution of households saving for college in the United States from 2020 to 2022, by household income [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1233290/share-of-households-saving-for-college-in-usa-by-income/
ICI. "Distribution of households saving for college in the United States from 2020 to 2022, by household income." Chart. May 23, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1233290/share-of-households-saving-for-college-in-usa-by-income/
ICI. (2023). Distribution of households saving for college in the United States from 2020 to 2022, by household income. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1233290/share-of-households-saving-for-college-in-usa-by-income/
ICI. "Distribution of Households Saving for College in The United States from 2020 to 2022, by Household Income." Statista, Statista Inc., 23 May 2023, https://www.statista.com/statistics/1233290/share-of-households-saving-for-college-in-usa-by-income/
ICI, Distribution of households saving for college in the United States from 2020 to 2022, by household income Statista, https://www.statista.com/statistics/1233290/share-of-households-saving-for-college-in-usa-by-income/ (last visited December 23, 2024)
Distribution of households saving for college in the United States from 2020 to 2022, by household income [Graph], ICI, May 23, 2023. [Online]. Available: https://www.statista.com/statistics/1233290/share-of-households-saving-for-college-in-usa-by-income/
